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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $11,156 |
Filed as: VOYA FINANCIAL ADVISORS INC Service code 27 699 WALNUT ST STE 1350 · DES MOINES, IA 50309 | Advisory (Plan) | $9,349 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $834 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,006 | $45,123+13.0% | $85,240-40.2% | $74,478-31.5% |
| Participation rate | 41.9% | 49.4%-7.4pp | 67.5%-25.6pp | 67.2%-25.3pp |
| Annual return | 13.58% | 26.32%-12.7pp | 66.75%-53.2pp | 1370.56%-1357.0pp |
| Employer contribution / active EE | $1,007 | $1,459-31.0% | $2,735-63.2% | $2,626-61.7% |
| Participant deferral / active EE | $3,750 | $2,736+37.0% | $4,527-17.2% | $4,350-13.8% |
| Admin fee / account holder | $248 | $2,215-88.8% | $6,165-96.0% | $1,946-87.2% |